Is Your Home An Investment?

By
Real Estate Agent with Coldwell Banker Cascade Real Estate

Nope...not even! At least that should not be the primary intent when you buy. Think about it; almost nobody lives in an investment. You live in a home. A home is memories, solace from the world, your castle and where families grow, play and move through the steps of life.

Along the way if you can make money on your home all well and good. But I do not think that is the primary reason you buy or should buy. We can all remember a few years back people were pushing home ownership as an investment. Owners started to buy and sell with the objectives of a financial market broker. Some still talk about the money they lost...on paper. But if you buy a home as a home...it is for the long haul. Day to day swings in market price don't really mean all that much. 

Christmas Wreath

The photo I have included is seasonal but it is part of what I am getting at. If you think of all the non-commercial aspects of the season we are now in, how they relate to home ownership and are a part of it you are getting close to what home ownership is about. 

Posted by

Perrin Cornell, Broker, ABR

Century 21 Esclusively

135 N. Missin

Wenatchee, WA 98801

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Comments (2)

Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Great post, and some Sellers think of their home as a bank, and remove the equity.

Dec 08, 2013 11:01 PM
J Perrin Cornell
Coldwell Banker Cascade Real Estate - Wenatchee, WA
Broker, ABR, VAMRES

Thanks Joan... and then they squawk about not having equity to get closed let alone take home with them... 

Dec 09, 2013 08:54 AM